BRUSSELS APPROVES BRAZIL-BASED INTERNATIONAL MEAT COMPANY EXPANSION
September 1st, 2013
A SIGNIFICANT set of acquisitions by Brazilian meat major JBS has been given European Union (EU) regulatory approval by the European Commission. Acting as Europe’s international competition regulator, the Commission approved JBS’ purchase from Brazilian food processor Marfrig Alimentos of Netherlands-based Columbus Netherlands BV also known as Zenda) and six Brazilian-based companies that together form the Seara group.A Commission note said that it would approve the deal without imposing conditions as “the proposed acquisition would not raise competition ...
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